RM5 3TH is a residential postcode located on Lawns Way, Romford, RM5. It is the 140th largest postcode in the RM5 area.
It contains 9 houses and 5 unknown and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £519,579. Sales values have decreased in the last 12 months by 1.7% and Rental values have increased by 5.3%.
Property sale values range from £443,898 for a freehold house, with 3 bedrooms split across 657 square feet of gross internal area and has a garden to £660,885 for a freehold house, with 4 bedrooms split across 1,356 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RM5 3TH is £566/ft2.
Properties achieve a rental yield of between 4.7% and 5.1%, and rental values range from £1,889 to £2,604 per month.
The last sale was 29 Aug 2023 for £660,000 and since then the market in the area has decreased by -2.4%. The postcode has had a total of 4 sales since 1995.
RM5 3TH has seen 4 sales in the last three years and no sales in the last twelve months.
RM5 3TH is the 140th largest and the 360th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3TH is the 140th largest and the 360th most expensive postcode out of the 374 postcodes in the RM5 area.
RM5 3TH is a residential postcode located on Lawns Way, Romford, RM5 with 9 houses and 5 unknown within its bounds.
The most common property type in RM5 3TH is a early-century house built between 1912 and 1935.
The homes with certificates are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to RM5 3TH is Romford station which is 2.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RM5 3TH, 56.5% of property is privately owned outright and 36.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RM5 3TH, 13.1% of residents are recorded as possessing school level qualifications and 25.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around RM5 3TH, the average age was 40.2 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RM5 3TH, 1.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RM5 3TH, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.